Mining Americas Inc. · TSX:MAI

Mining Americas — Minera Alamos — Investor Presentation (November 2017)

21 slides from Mining Americas's investor presentation, November 2017

  1. Slide 1: Positioned as the Next Leading Latin American Precious Metals Company

    POSITIONED AS THE NEXT LEADING LATIN AMERICAN PRECIOUS METALS COMPANY TSXV:MAI November 2017

  2. Slide 2: Disclaimer

    Disclaimer This presentation contains certain “forward-looking statements”. All statements, other than statements of historical fact, that address activities, events or developments that Minera Alamos believes, expects or anticipates will or may occur in the future are forward-looking statements. Fo

  3. Slide 3: In Summary

    In Summary • Proven Mine Building Team Focused on Mexican Gold Production – The Minera Alamos team built Argonaut Gold’s platform asset for less than C$10M and sold it to Argonaut Gold for C$130M • Cornerstone Financial Partner – Osisko Gold Royalties added as a cornerstone strategic partner with 15

  4. Slide 4: Company Snapshot

    Company Snapshot General Major Shareholders Headquarters Toronto, Ontario Osisko Gold Royalties 15.0% Symbol TSXV:MAI Other Institutions 23.9% Capitalization Management and Insiders 9.6% Current Price $0.18 Basic Shares Outstanding 146.9M Share Price and Volume (Last Twelve Months) (add) Warrants 62

  5. Slide 5: OBAN/Osisko Model for Growth

    OBAN/Osisko Model for Growth The partnership with Osisko Gold Royalties provides Minera Alamos with the ability to replicate a strategy similar to Osisko Mining in Mexico/Latin America Osisko Mining – Market Capitalization (June 2015 to November 2017) $1,200 August 25, 2015: Oban June 9, 2015: Oban

  6. Slide 6: Proven Mine Builders

    Proven Mine Builders Management > +20 years of engineering/metallurgical experience Darren Koningen > Led the development of Castle Gold’s El Castillo project prior to its sale to Argonaut President, CEO and Director > Designed, constructed, commissioned and operated two gold heap leach operations (

  7. Slide 7: Asset Overview

    Asset Overview La Fortuna Tonnage Au Grade Au Contained (Kt) (g/t) (Koz) Measured 1,538 2.96 146 Indicated 3,287 1.53 162 La Fortuna M&I 4,824 1.99 308 GdR Guadalupe de los Reyes Tonnage Au Grade Ag Grade Au Contained AuEq Contained (Kt) (g/t) (g/t) (Koz) (Koz) Indicated 6,843 1.73 28.71 380 499 M&I

  8. Slide 8: La Fortuna and Guadalupe de los Reyes

    La Fortuna and Guadalupe de los Reyes Located in a prolific mining district November 2017 8

  9. Slide 9: La Fortuna

    La Fortuna A high grade / low-CAPEX open pit operation Project Location with significant resource expansion potential Location • Durango State, Mexico • +6,200 ha Infrastructure • Easily accessible via a 100 km road from Culiacan, the Capital of Sinaloa state • State authorities are extending a 2-la

  10. Slide 10: La Fortuna Main Zone

    La Fortuna Main Zone High-Grade and High-Margin Block Model • Majority of resource grades 3.5-4.0 g/t Au • Wide zones of mineralized breccia • Metallurgical testing demonstrated +90% Au recoveries Processing Capacity • 2,000 tpd mill acquired in 2017 • 1,000 tpd starter operation easily expanded to

  11. Slide 11: La Fortuna Regional Prospects

    La Fortuna Regional Prospects • Multiple zones of “Fortuna-style” mineralization identified • Mineralization focused in areas of intersecting fault structures • Some of alteration zones (i.e. PN Prospects area) significantly greater in scale than those present at Fortuna • No systematic exploration

  12. Slide 12: Guadalupe de los Reyes (GdR)

    Guadalupe de los Reyes (GdR) A PEA-stage heap leachable gold-silver asset Project Location with ~2 g/t AuEq grade in stable Sinaloa Location/Land Package • ~15,575 ha in Sinaloa State, Mexico • Significant regional gold system - est. historical production of 500-600 Koz Au and +40 Moz Ag Recent Hist

  13. Slide 13: GdR Exploration Potential

    GdR Exploration Potential • Significant regional gold system with estimated historical production of 500,000-600,000 oz Au and +40 Moz Ag • Project area includes at least 8 target areas identified along 3 major structural zones (+10 km identified at surface) • 4 deposits: with drilled resources -- E

  14. Slide 14: Planned Work Schedule

    Planned Work Schedule 2017 2018 2019 Q4 Q1 Q2 Q3 Q4 Q1 Q2 La Fortuna Complete Revised Economic Analysis Complete Detailed Construction Plan First Initiate Exploration & Resource Production Expansion Drilling Receive Permits Construction Decision Guadalupe de los Reyes Close Acquisition Transaction C

  15. Slide 15: Achievements (2017)

    Achievements (2017) Near Mine Resource Mine Development Corporate Development Expansion La Fortuna La Fortuna Strategic Acquisition  Commenced fast-track  Initiated (late 2017)  Entered into an option to development activities resource expansion acquire 100% of GdR program through staged  Hired

  16. Slide 16: Company Strategy

    Company Strategy A proven success strategy: Develop low CAPEX assets, while expanding the near mine resource and remaining opportunistic for assets that fit the target profile Near Mine Resource Mine Development Corporate Development Expansion Study Targets Resource Growth Target Profile • Issue PEA

  17. Slide 17: Appendix

    Appendix MINERAWALAMOS

  18. Slide 18: La Fortuna Main Orebody Section

    La Fortuna Main Orebody Section La Fortuna November 2017 18

  19. Slide 19: Main Zone Potential

    La Fortuna Main Zone Potential Resource Wireframe Similar style mineralization to main La Fortuna orebody • quartz monzonite Open • tourmaline breccias • andesite dykes Some extensions seem to be faulted offsets from main Fortuna deposit November 2017 19

  20. Slide 20: Regional Geology

    La Fortuna Regional Geology • Regional Geology – Porphyry-Epithermal System (6238 Ha) November 2017 20

  21. Slide 21: Exploration Potential

    La Fortuna Exploration Potential November 2017 21

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